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General Dynamics Corp. Q1 Profit Advances

General Dynamics Corp. (GD) released earnings for its first quarter that advanced from last year.

The company's profit totaled $708 million, or $2.48 per share. This compares with $706 million, or $2.43 per share, in last year's first quarter.

Analysts had expected the company to earn $2.30 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.3% to $9.39 billion from $8.75 billion last year.

General Dynamics Corp. earnings at a glance:

-Earnings (Q1): $708 Mln. vs. $706 Mln. last year.
-EPS (Q1): $2.48 vs. $2.43 last year.
-Analysts Estimate: $2.30
-Revenue (Q1): $9.39 Bln vs. $8.75 Bln last year.

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